ilmscore | Prediction Details
"but what we do know is they are really really big in fact according to bis the bank of international settlements which is sort of like a group of banks that report on information they say that the loans out standing from one country to another denominated in yen is valued at 41 trillion yen or a little over A4 trillion but economists also say that's not an accurate measure of how big carry trades actually are and that's because foreign exchange borrowing is not actually included or counted on A bank's balance sheet instead it's hidden within what's called foreign exchange swaps and the swap Market including the Yen totals wait for it 14.2 trillion us"
By Andrei Jikh | August 19, 2024 | Pending
From video
The Japan Bubble: How One Country Is Holding Up The Entire World 00:11:15 - 00:12:10
Interpreted Prediction
The scale of carry trades is massive and difficult to precisely measure. While BIS reports ¥41 trillion in outstanding Yen-denominated loans, economists suggest the actual figure, including hidden foreign exchange swaps, could be as high as $14.2 trillion USD.

Prediction Details

Topic
Carry Trade Size Uncertainty

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